The disaster that OPEC was hoping to avoid looks unavoidable as players refuse to cut output, said John Kilduff, Partner at Again Capital. It is fairly clear that there may not be an output cut and how low oil prices can fall here...

The Organization of the Petroleum Exporting Countries said in September it hoped to cut oil output to 32.5-33.0 million barrels per day from a record 33.64 million bpd to reduce a global supply overhang and bolster prices.

Globally, gold prices fell due to expectations of rising US interest rates and a higher dollar and improving sentiment for global economic growth, which means investors are likely to favour risk assets such as equities.

There has been a lot of backroom drama in the run up to the Vienna meeting, with many members lobbying to be exempt from the production cut. As of now, confusion and uncertainty persists and that is reflecting in crude prices whic...

Equity benchmarks hit two-week highs intraday Tuesday but late sell-off forced the Sensex to pare gains and the Nifty to end below 8150 level. The selling pressure was seen in FMCG, technology and select banks while auto, oil and ...

As on date, trading in equity shares of 1,021 companies on the BSE and 132 firms on the NSE have been suspended for more than seven years, Minister of State for Finance, Arjun Ram Meghwal said in a written reply to the Rajya Sabha...

Accordingly, companies that are seeking migration from the small and medium enterprises (SME) platform to the main board, would be required to submit an undertaking that the company, its promoters and directors have not been debar...

The Organization of Petroleum Exporting Countries (OPEC) meets on Wednesday to hammer out a deal to prop up prices that have halved since 2014. As they gather, tanker shipments to Asia from non-OPEC sources like Alaska, Azerbaijan...

Nomura India has a constructive view on the Indian rupee and expects it to outperform other emerging markets in the medium-term perspective, says Rates Strategist Vivek Rajpal. The rupee opened at 68.75 to a dollar in trade today.